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CFPB Advises The Public Of Scammers Posing As Bureau Officials

The Consumer Financial Protection Bureau (CFPB) is sounding the alarm about an accelerating rate of scams that most commonly target older Americans, where a bad actor will pose as an official representative of the Bureau or another federal agency. The CFPB published a blog post on Tuesday describing details of

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UWM Sunsets, Rebrands To Mortgage Matchup

Top U.S. mortgage lender United Wholesale Mortgage (UWM) has rebranded its consumer-facing website to Mortgage Matchup. Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent

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David Stevens, Former FHA Commissioner And MBA President, Has Died

David Stevens, a legend of the mortgage banking industry who helmed the Federal Housing Agency and the Mortgage Bankers Association in a career that spanned four decades, has died. “The real estate finance community mourns the loss today of one of its great leaders and fiercest advocates,” current MBA President

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MBS Market Imbalance Fueling Higher Rates

Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market. That’s a role those government-sponsored enterprises (GSEs) have not played since prior to entering into

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